Company Profile

The word “Jagaran” has been derived from Sanskrit and means “a state of wakefulness”. Jagaran intends to awaken the economically challenged sections of the society, rid them of despair and assist them in building a better life.

Jagaran Microfin Private Limited is the outcome of a vision to build:

i. A professionally managed Microfinance institution which can achieve a healthy amalgamation of social and financial sustainability through economic empowerment as well as employment generation.

ii. A strong foundation to promote entrepreneurship skills among the economically backward sections of the population and make them self-reliant.

Jagaran Microfin Pvt Ltd is a for-profit NBFC dedicated to the activities of microfinance and financial inclusion. Jagaran is a wholly owned subsidiary of GTFS Multiservices Ltd (GTFS), which is best known as a distribution giant in the Indian financial markets. GTFS is a key and major distributor of most fund houses (insurance and mutual funds) and has helped create earning opportunities for more than 4 million people in rural India.

The GTFS group presently has more than 275 full-fledged branches with more than one million distribution partners, covering a vast geographical area of the country.

Jagaran has access to all these branches which will enable it to reach scale at a fast pace and low cost.

A hub and spoke approach has been adopted to help the organization penetrate quickly and deeply into the heartland of India for delivering its products and services.

The Management is therefore positive that the outreach, efficiency and investor returns at Jagaran would be at par with the best in the Industry.

Rating & Grading

• Jagaran has been assigned Grade S3 (Good) as Social Rating by M2I in 2016 (a renowned Social Rating agency).
• It has received Grading “AA” in Code of Conduct Assessment (CoCA) conducted by ACCESS-ASSIST in 2016.
• CARE Ratings assigned a grading ‘MFI 2’ in July 2017 .
• Staff strength 520+CARE Ratings assigned a Rating‘BBB-/Stable’ to Jagaran on March 2017.
• Jagaran received Skoch Order-of-Merit award in September 2016.

Our Philosophy

Service Excellence: Provide unfailing service at the right place and at the right time.

Product Offering: Listen to the market and offer practical solutions.

Support and Guidance: Understand problems and assist members whenever required.

All Birds find shelter during a rain. But Eagle avoids rain by flying above the Clouds... Dr. APJ Abdul Kalam